AI hyperscalers have room for ‘elevated debt issuance’ — even after their recent bond binge, BofA says
BofA pointed out that while the companies can fund their near-term capital expenditures with cash, they are tapping debt markets for balance-sheet flexibility and better cost of capital. Last month…
Roblox CEO David Baszucki says the best career advice he’s ever been given is to outright ignore the advice of others
Like today’s aspiring professionals, it was tempting for him to lean on the advice of mentors, professors, or friends to figure out how to jumpstart his career. But Baszucki warns…
AI whiz Yann LeCun is already targeting a $3.5 billion valuation for his new startup—and it hasn’t even launched yet
The €500 million (~$586 million) funding target would be one of the largest pre-launch raises in AI history, reflecting investor confidence in LeCun’s vision of moving beyond today’s large language…
The bulls are too bullish: Bank of America warns 200-plus fund managers just triggered a contrarian ‘sell’ signal
Bank of America’s Bull & Bear Indicator rose from 7.9 to 8.5 in the past few days, triggering its contrarian “sell” signal for risk assets, according to a note from…
‘It seemed preposterous on its face’: Altoona cop’s supervisor said he’d buy his favorite hoagie moments before Luigi Mangione arrest
The hearing ended Thursday. Mangione watched from the defense table as prosecutors called 17 witnesses, many of them police officers and other personnel involved in his arrest. Mangione’s lawyers called…
CEO of nuclear fusion firm Trump Media is merging with in $6 billion deal: High-velocity capital is ‘critical’ and concerns are secondary
Trump Media’s struggling stock had plummeted nearly 70% year-to-date prior to the announcement. But the stock value spiked over 40% on the deal news with the market cap rising back…
Trump was wrong about tariffs funding the ‘Warrior Dividend’ of $1,776—troops were already set to get the money
The “Warrior Dividend” that President Donald Trump announced during his televised address to the nation Wednesday is not a Christmas bonus made possible by tariff revenues, as the president suggested.Instead,…
Lovable hits $6.6 billion valuation as its CEO says it wants to be ‘the last piece of software’ companies ever buy
Swedish AI coding startup Lovable has just raised $330 million in Series B funding round at a $6.6 billion valuation, more than tripling its worth from just five months ago.…
Jelly Roll, country-rap superstar who found music while serving prison time, pardoned by Tennessee governor in front of Christmas Tree
Jelly Roll’s convictions include robbery and drug felonies. He has said a pardon would make it easier for him to travel internationally for concert tours and to perform Christian missionary…
House Democrats release more Epstein photos, including Bill Gates and a dinner full of wealthy philanthropists
There were also images of passports, visas and identification cards from Russia, the Czech Republic, Ukraine, South Africa and Lithuania with personally identifying information redacted, as well as photos of…
